The unad usted trial balance at year-end for a company that uses the percent of receivables method to determine its bad debts expense reports the foliowing selected amounts: All sales are made on credit. Based en past experlence, the compamy estimates 3.5 si of ending account recelvable to be uncollectible. What adjusting entry should the company make at the end of the current ycar to record its estimated bad debts expense? Debit Bad Debts Expense 57,350 , credit Allowance for Doubtua Accounts 57,350 . Debit Bad Debts Expeme $17,350; credit Alowance for Dosbatul Accounts \$17.350. Dehit Bad Delets Fxpense $13,975; credit Alowance lor Doubtfol Actounts $13,975 Detit Bud Debts Expemse \$15,225, credit Alowance for Doctutul Accoonts \$15.225. Debit Bad Dedts Expens \$16,475: credit Aliowance tor Douttul Aceounts \$16,475